Petrobras Shareholders approve payment of 50% of Extraordinary Dividends

The shareholders of Petrobras approved the distribution of 50% of extraordinary dividends, this Thursday, 25th. With this, a total of R$ 21.9 billion in extraordinary dividends will be paid in two installments, and the possibility of payment of the remainder is left open until the end of 2024.

The total remaining gross amount to be distributed to shareholders, considering the monetary update to date, is equivalent to R$2.89 per share and will be paid in two equal installments in the months of May and June 2024, as follows:

• First installment, in the amount of R$1.44747835 per preferred and common share; with R$0.56890230 referring to the application of the Shareholder Remuneration Policy formula and R$0.87857605 referring to extraordinary dividends;
• Second installment, in the amount of R$ 1.44747836 per preferred and common share; with R$0.56890230 referring to the application of the Shareholder Remuneration Policy formula and R$0.87857606 referring to extraordinary dividends.

Other topics voted

The first item on the agenda was the accounts and management report for the 2023 financial year, approved by 81.08% of votes, against 0.18% of votes against and 18.7% of abstentions. The company’s financial statements were jointly approved, accompanied by the independent auditors’ report and the opinion of the Petrobras Fiscal Council for the same period.

Petrobras shareholders also approved by majority the maintenance of a Board of Directors composed of 11 members. This was the third item on the agenda of the Ordinary General Meeting of Shareholders (AGO), which takes place this Thursday afternoon, at the state-owned company’s headquarters, in the center of Rio de Janeiro.

See too